QuickBooks Online (QBO) has grown by leaps and bounds since they launched in 2004. In October 2013, QuickBooks released a new redesigned version of QBO.
I admit I wasn’t a big fan of the new version when it first came out.
I took it for a test drive over years ago and could not find anything in the online version that would justify a monthly cost when I already had the desktop version and it was working moderately well for me.
last year I decided to do the free trial again and see if they had
improved since the last time I had tried it.
I was pleasantly surprised to see they have improved…a lot! One of the main reason why I decided to give the online version another try is because I heard the bank and credit card integration worked better in the online version. It does!
And… it has a PayPal bank feed as well! Most of my online business is handled through PayPal and entering all my sales and fees from PayPal to the desktop QuickBooks was a dreaded chore each month.
imports have whittled down my bookkeeping time from 5 to 6 hours to 30
minutes. It also made a dreaded task that I would put off and do
grudgingly once a month to a quick easy chore I now do weekly in just a few minutes.
It was a bit of a learning curve going from the desktop version to the QuickBooks Online version. Almost everything is different! But they did make it overall user-friendly and the video tutorials that pop up when you setup QBO is pretty helpful for learning the basics.
I have been using QuickBooks Online for years now and so far what I like far outweighs what I don’t. I will continue to add to my above lists as I find out more things I can and cannot do with this accounting software.
My overall impression with QBO is that it is a good accounting solution for small business like mine.
If you find yourself dreading and putting off your bookkeeping duties because of your current cumbersome accounting software, you might want to try QuickBooks Online 30 day free trial and take it for a spin.
I am going to be adding to this section on a monthly basis, so bookmark this page and check back often =)
First QuickBooks Online (QBO) tip is regarding their report section. I love the abundance of reports you can generate in QBO, but my favorite section of the reports is the ...
I love graphs, so this report module is right down my alley =)
You can choose ...
... on the pie graphs for your income and expenses.
And Monthly or Quarterly for "Previous Year Income/Expense Comparison" bar graphs.
Note to my Nonprofit/Church readers: Makes really professional looking reports to present to your Boards!
Post your questions and tips on using QuickBooks and Quickbooks Online (QBO) for small businesses...